Directors’ Trades: Maggie Beer buys $590,529 of the ASX company bearing her name

Pic: d3sign / Moment via Getty Images
The most recognisable director who made a $100k trade in the last fortnight was Maggie Beer who bought into her company’s rights issue.
In 2019, her business was bought by Longtable Group (ASX:LON), and the entity was renamed Maggie Beer Holdings (ASX:MBH).
She has remained on the board of the company and bought just over $590,000 in shares as part of the rights issue. Also buying shares was Hugh Robertson, who chipped in $269,367.
Her company has had a solid last 12 months launching new products, as well as a new ecommerce platform and a partnership with Marley Spoon (ASX:MMM).
Code | Company | Director | Change | Date | Volume | $ | What |
---|---|---|---|---|---|---|---|
CYM | Cyprium Metals | Gary Comb | Buy | 1 April | 1,400,000 | $295,000 | On market & Placement |
OBL | Omni Bridgeway | Michael Kay | Buy | 31 March | 48,631 | $171,220 | On market |
CV1 | CV Check | George Cameron-Dow | Buy | 6 April | 606,061 | $100,000 | Placement |
HM1 | Hearts and Minds Investment | Chris Cuffe | Sell | 6 April | 50,000 | $230,000 | Off market |
PNC | Pioneer Credit | Keith John | Buy | 1 April | 219,006 | $108,824 | On market |
FYI | FYI Resources | Roland Hill | Buy | 1 April | 200,000 | $106,000 | On market |
HM1 | Hearts and Minds Investment | David Wright | Buy | 6 April | 50,000 | $230,000 | Off market |
OBL | Omni Bridgeway | Hugh McLernon | Sell | 8 April | 1,000,000 | $3,630,000 | On market |
DDR | Dicker Data | Vladmir Mitnovetski | Buy | 12 Apr | 10,000 | $100,500 | On market |
JLG | Johns Lyng Group | Lindsay Barber | Sell | 8 April | 2,500,000 | $9,375,000 | Off market |
BCB | Bowen Coking Coal | Matthew Latimore | Buy | 9 April | 3,150,000 | $211,860 | On market |
OKU | Oklo Resources | Simon Taylor | Buy | 9 April | 800,000 | $109,075 | On market |
MBH | Maggie Beer | Maggie Beer | Buy | 12 April | 1,687,227 | $590,529 | Rights Issue |
MBH | Maggie Beer | Hugh Robertson | Buy | 12 April | 769,619 | $269,367 | Rights Issue |
FFG | Fatfish Group | Gan Nyap Liou | Buy | 14 April | 1,418,377 | $170,205 | On market |
RED | Red 5 | John Loosemore | Buy | 16 April | 1,617,312 | $258,770 | Rights Issue |
HRN | Horizon Gold | Peter Sullivan | Buy | 16 April | 331,017 | $115,856 | Rights Issue |
JRL | Jindalee Resources | Justin Mannolini | Sell | 16 April | 100,000 | $200,000 | On market |
Copper explorer Cyprium Metals (ASX:CYM) provided the next biggest trader with Gary Comb buying $295,000 on market.
Cyprium recently bought Metals X’s (ASX:MLX) copper assets for $24 million cash including the Nifty, Marochydore and Paterson projects.
Other resources buyers included Oklo Resources’ (ASX:OKU) Simon Taylor who bought $109,075 on market and Red 5 (ASX:RED) director John Loosemore who bought just over $250,000 in a rights issue.
Loosemore’s purchase was part of a substantial capital raising of $60 million in equity and $175 million in debt finance which the company hopes to use to develop its King of the Hills gold project.
Matthew Latimore from Bowen Coking Coal (ASX:BCB) bought $211,860 of his company which has coking coal projects in the Bowen Basin.
Its most notable program currently is a Phase 2a program at its Hillalong project.
The Phase 1 program at Hillalong led to the company holding a total maiden resource of 43Mt of which 19.5Mt was shallower than 150m.
The sellers
The biggest seller was Lindsay Barber from Johns Lyng Group (ASX:JLG) who parted with $9.375 million in shares.
Next was Hugh McLernon from litigation funder Omni Bridgeway (ASX:OBL) who sold $3.63 million on market.
Rounding out the list were Chris Cuffe and David Wright from Hearts & Minds Investment (ASX:HM1). They sold $230,000 each in the ASX Listed Investment Company.
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